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US Economy
Rebel Creamery Files for Bankruptcy Following $24M Trademark Lawsuit Loss
Rebel Creamery, a popular Keto-based ice cream company, files for Chapter 11 bankruptcy after losing a trademark lawsuit.
Alex Malapane: SA Requires Policy Rebalance, Not Extra Taxes
South Africa needs to shift economic policy focus from tax mobilisation to macroeconomic rebalancing to stimulate…
Trump Credits 60-Year Drug Price Drop to Himself, Experts Disagree
Despite White House claims, experts attribute the historic 3.1% drop in prescription drug prices to Biden-era…
Harvard Discloses $2.2 Billion Stake in SpaceX after its Public Debut
Harvard University's investment arm reveals a $2.2 billion stake in SpaceX, marking a significant payoff from early investments.
Biden’s Act Enables Medicare to Negotiate Drug Prices
"Biden's Inflation Reduction Act enables Medicare to negotiate prescription drug prices from 2026, a first in US…
Understanding ‘No Tax on Tips’: Who Benefits and How it Works
Trump's "no tax on tips" bill promises tax savings for Wisconsin DoorDash driver, causing confusion among tipped…
AbbVie or Bristol-Myers Squibb: Better Healthcare Stock for 2026?
Choosing between pharmaceutical giants AbbVie and Bristol-Myers Squibb requires strategic analysis of their growth prospects, dividends, and cash flow stability.
Survey Reveals U.S. Adults Trust but Don’t Rely Heavily on AI for Financial…
Artificial Intelligence is gaining traction as a source of financial guidance among US adults, though trust in AI…
IRS, Treasury Extend 45Q Safe Harbor; EPA Considers Reporting Cutback
The U.S. Treasury Department and IRS have expanded a safe harbor for the Section 45Q carbon capture tax credit,…
Trump Invests Billions in EV Powering Minerals
President Trump's $3 billion investment in critical minerals could inadvertently boost the alternative energy sector and electric vehicle manufacturing.